An Assault on RI Businesses: The Brookings Institution Plan and Why You Need to Join the GBN

Rhode_Island_State_House_for_sale.jpgThe Gaspee Business Network is unlike any business networking group in all of Rhode Island.  If you are not one of the very small percentage of businesses in the Ocean State that enjoy the privilege of being politically connected, you should seriously consider joining the GBN before it is too late.  From 38 Studios to the Brookings Institution Report, it is evident that cronyism is sinking its teeth deep into the RI economy.  Unless the honest and hard working business owners of Rhode Island join forces, the only businesses that will truly thrive in Rhode Island will be those with the political clout to court politicians through relentless political bootlicking.

The Gaspee Business Network will stop this, but only with your help.

According to the Rhode Island Center for Freedom and Prosperity, the Brookings Institution recommendations for Rhode Island, “Do little to advance equal opportunity for most families or business owners, while dishing out corporate welfare to the insider few.”  This is the same line of reasoning that gave us 38 Studios and other economic catastrophes in which the profits from business ventures line the pockets of the politically connected, politicians make competition nearly impossible, and the taxpayers shoulder the burden of financial risks.

Joe Horvath, a research analyst for the American Legislative Exchange Council and native Rhode Islander, blasts the Brookings Institution report in his Providence Journal article titled “Centrally planned cronyism won't save R.I.”  In this article, he states the obvious to any person working in business today;

When government agencies meddle in the market, they create perverse incentives, destroy natural market signals and generally end up picking far too many losers. In the private sector, a failed company is a burden on its investors. When government is the principal investor of a failed or underperforming business, taxpayers suffer the loss.

Many other experts agree, as reported by GoLocalProv.com on January 16 of this year, “Gary Sasse, former state budget director and current director of the Hassenfeld Institute for Public Leadership, called the report just ‘business as usual . . .’”

The fix is in and unless businesses large and small throughout Rhode Island work together to preserve a market that is at least marginally free and competitive, much will be lost for many business owners and the people they employ.

The Gaspee Business Network is new, and it is unlike any other networking group in the state. 

The GBN will:

  • Protect the identity of businesses that join the GBN who fear retribution from the political elite in RI.
  • Commit to a firm and steadfast evolution of Rhode Island’s economic climate to make the state one of the best to operate a business.
  • Employ direct advocacy for Rhode Island legislators and candidates with a solid history of free market support.
  • Educate and warn the public on those legislators who work against the struggling businesses in Rhode Island and favor only those businesses that are politically connected.

Please join us today or learn more about our efforts on June 23rd at our first annual Partner Information Night.  This event is free to the public and located conveniently in central Rhode Island.

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